drjobs Process Engineer North American Commercial Banking

Process Engineer North American Commercial Banking

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1 Vacancy
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Job Location drjobs

Chicago, IL - USA

Monthly Salary drjobs

$ 72500 - 134500

Vacancy

1 Vacancy

Job Description

Application Deadline:

04/22/2025

Address:

320 S Canal Street

Job Family Group:

Strategy & Change

We are seeking a skilled Process Engineer to join our Commercial Process Engineering Team at BMO. The successful candidate will be responsible for driving process improvements in our account opening process revising and implementing new workflow tools updating governance and reporting simplifying processes and enhancing business robustness from a governance perspective. This role aims to increase speed and capacity within our operations.

Key Responsibilities:

  • Commercial Focus:Lead and manage process improvement initiatives within the commercial cards lending and treasury ecosystems.
  • Process Optimization:Identify and eliminate manual work across various processes to enhance efficiency.
  • Speed Enhancement:Implement strategies to accelerate process timelines and improve overall speed.
  • Automation:Utilize automation tools to streamline workflows and reduce manual intervention.
  • EndtoEnd Process Reengineering:Oversee the complete reengineering of commercial processes to ensure optimal performance.
  • Account Opening Process:Improve and simplify the account opening process to enhance accuracy and efficiency.
  • Documentation:Develop and maintain comprehensive documentation for all process improvements and changes.
  • Governance and Reporting:Update governance frameworks and reporting mechanisms to ensure compliance and robust oversight.

Designs develops tests implements measures and manages processes. Ensures that process design reflects current business strategy and business/stakeholder requirements and supports the desired customer experience. Processes may be related to (but are not limited to) fulfillment operations services sales etc.

  • Acts as a trusted advisor to assigned business/group.
  • Influences and negotiates to achieve business objectives.
  • Recommends and implements solutions based on analysis of issues and implications for the business.
  • Assists in the development of strategic plans.
  • Identifies emerging issues and trends to inform decisionmaking.
  • Helps determine business priorities and best sequence for of business/group strategy.
  • Conducts independent analysis and assessment to resolve strategic issues.
  • Supports the of strategic initiatives in collaboration with internal and external stakeholders.
  • Builds effective relationships and collaborates with internal/external stakeholders.
  • Ensures alignment between stakeholders.
  • Monitors and tracks performance and addresses any issues.
  • Designs and produces regular and adhoc reports and dashboards.
  • Breaks down strategic problems and analyses data and information to provide insights and recommendations.
  • Builds change management plans of varying scope and type; leads or participates in a variety of change management activities including readiness assessments planning stakeholder management evaluation and sustainment of initiatives.
  • Leads or participates in defining the change/communication plan designed to positively influence or change behaviour; develops tailored messaging; and identifies appropriate distribution channels.
  • Provides input into the planning and implementation of operational programs.
  • Develops and documents processes procedures etc. and/ or enduser materials.
  • Assists with the documentation of end user materials.
  • Assists with training and transition of processes and tools/templates to appropriate process owners.
  • Collaborates in the design implementation and management of core business/group processes.
  • Designs processes based on business requirements and best practices. Ensures the processes adhere to applicable risk regulatory and compliance requirements.
  • Streamlines simplifies and continuously improves existing processes.
  • Documents processes (including but not limited to process flows playbooks etc. for vetting communicating and implementing processes with stakeholders.
  • Ensures all processes meet established standards effectively utilize templates and tools to track compliance and operational effectiveness standards.
  • Looks for opportunities to eliminate simplify and automate processes. Recommends approaches or changes to streamline and integrate processes to improve overall efficiency.
  • Maintains current process documentation to ensure available for stakeholders as required.
  • Supports management of processes using established methodologies and tools/system/technology.
  • Integrates information from multiple sources to enable more efficient processes enhanced analysis and/or streamlined reporting.
  • Participates in the integration of Core Process transformation across business/groups to deliver process improvements for productivity savings and enhanced customer/employee experience.
  • Develops an understanding of organizational interactions and complexity to engage with the appropriate stakeholders.
  • Stays abreast of industry technical and business trends through participation in professional associations practice communities & individual learning.
  • Resolves issues regarding processes that are raised from all sources/stakeholders.
  • Focus is primarily on business/group within BMO; may have broader enterprisewide focus.
  • Provides specialized consulting analytical and technical support.
  • Exercises judgment to identify diagnose and solve problems within given rules.
  • Works independently and regularly handles nonroutine situations.
  • Broader work or accountabilities may be assigned as needed.

    Qualifications:

  • Typically between 5 7 years of relevant experience and postsecondary degree in related field of study or an equivalent combination of education and experience.
  • Possesses a deep understanding of and problem solving ability for issues within the business/group.
  • Knowledge of business analysis project delivery practices and standards across the project lifecycle Indepth.
  • Knowledge of business/group processes procedures and controls Indepth.
  • Understanding of risk regulatory and compliance requirements Indepth.
  • Deep knowledge and technical proficiency gained through extensive education and business experience.
  • Verbal & written communication skills Indepth.
  • Collaboration & team skills Indepth.
  • Analytical and problem solving skills Indepth.
  • Influence skills Indepth.
  • Data driven decision making Indepth.

Salary:

$72500.00 $134500.00

Pay Type:

Salaried

The above represents BMO Financial Groups pay range and type.

Salaries will vary based on factors such as location skills experience education and qualifications for the role and may include a commission structure. Salaries for parttime roles will be prorated based on number of hours regularly worked. For commission roles the salary listed above represents BMO Financial Groups expected target for the first year in this position.

BMO Financial Groups total compensation package will vary based on the pay type of the position and may include performancebased incentives discretionary bonuses as well as other perks and rewards. BMO also offers health insurance tuition reimbursement accident and life insurance and retirement savings plans. To view more details of our benefits please visit: Us

At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting positive change for our customers our communities and our people. By working together innovating and pushing boundaries we transform lives and businesses and power economic growth around the world.

As a member of the BMO team you are valued respected and heard and you have more ways to grow and make an impact. We strive to help you make an impact from day one for yourself and our customers. Well support you with the tools and resources you need to reach new milestones as you help our customers reach theirs. From indepth training and coaching to manager support and networkbuilding opportunities well help you gain valuable experience and broaden your skillset.

To find out more visit us at is proud to be an equal employment opportunity employer. We evaluate applicants without regard to race religion color national origin sex (including pregnancy childbirth or related medical conditions) sexual orientation gender identity gender expression transgender status sexual stereotypes age status as a protected veteran status as an individual with a disability or any other legally protected characteristics. We also consider applicants with criminal histories consistent with applicable federal state and local law.

BMO is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process please send an email to and let us know the nature of your request and your contact information.

Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO directly or indirectly will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid written and fully executed agency agreement contract for service to submit resumes.

Employment Type

Full-Time

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